3, THE OLD NURSERIES, RAVENSTONE, COALVILLE, LE67 2LA - £250,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

3 THE OLD NURSERIES is a very small extended detached house of 79m², built sometime between 1996 and 2002. It was last sold for £250,000 in May 2023, which was around 27% below the average May 2023 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was April 2023, where the current energy rating was C, and the potential energy rating was B.

3 THE OLD NURSERIES Sold Prices

Land registry data shows four sales for 3 THE OLD NURSERIES since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North West Leicestershire local authority area for the corresponding sale date. All of the four 3 THE OLD NURSERIES sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2023 11 MAY	£250,000	£343,573	27% below HPI
2007 11 OCT	£163,000	£227,362	28% below HPI
2000 29 SEP	£78,500	£103,497	24% below HPI
1995 23 NOV	£66,995	£71,670	7% below HPI

3 THE OLD NURSERIES Price Paid vs. HPI Average

The below graph shows the average detached house price in the North West Leicestershire local authority area over time, sourced from the HPI. The four 3 THE OLD NURSERIES sales between November 1995 and May 2023 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the October 2007 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the May 2023 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 3 THE OLD NURSERIES?

3 THE OLD NURSERIES is 79m², which includes one extension, according to the EPC inspection conducted in April 2023. This puts it in the smallest 10% of detached houses in Ravenstone, based on EPC data. The below chart shows the distribution of detached houses by size in Ravenstone, and where 3 THE OLD NURSERIES lies on this distribution: 5% of detached houses are smaller than 3 THE OLD NURSERIES, and 94% of houses are larger. Note that EPC data is not available for all properties in Ravenstone.

3 THE OLD NURSERIES: Plot and Title Map

3 THE OLD NURSERIES sits on a plot of roughly 0.055 of an acre, or 222m². The below map shows the location of 3 THE OLD NURSERIES, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 3 THE OLD NURSERIES). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 3 THE OLD NURSERIES?

3 THE OLD NURSERIES is located in RAVENSTONE, in the LE67 postcode district. The below map shows the position of No. 3 on THE OLD NURSERIES.